$BTC 1H still looks a little heavy here đ
Price is trading below the 64,057 Supertrend and the recent bounce from 62,802 hasnât reclaimed the key resistance zone yet. For me, the cleaner setup is still on the short side unless BTC flips that level back into support.
Short Setup
Entry: 63,550â63,850
SL: 64,150
TP1: 63,100
TP2: 62,800
TP3: 62,400
The 63.85Kâ64.05K area is the main zone to watch. Rejection there keeps the bearish structure intact.
If BTC gets a solid 1H close above 64.05K, Iâd leave the short alone and reassess.
No need to force a trade in the middle. Let BTC show its hand first. đ
#BTC
Price is trading below the 64,057 Supertrend and the recent bounce from 62,802 hasnât reclaimed the key resistance zone yet. For me, the cleaner setup is still on the short side unless BTC flips that level back into support.
Short Setup
Entry: 63,550â63,850
SL: 64,150
TP1: 63,100
TP2: 62,800
TP3: 62,400
The 63.85Kâ64.05K area is the main zone to watch. Rejection there keeps the bearish structure intact.
If BTC gets a solid 1H close above 64.05K, Iâd leave the short alone and reassess.
No need to force a trade in the middle. Let BTC show its hand first. đ
#BTC